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Latest Briefings

Private damages claim, public procurement context: Essential limitation advice

By Gwendoline Davies, Lynsey Oakdene Why is this case of interest? In the recent case of Secretary of State for Transport v Arriva Rail East Midlands, the Court of Appeal has highlighted the fact that public procurement processes can give rise to both public and private law claims. Understanding the distinction between public and private […]

Stamp duty and cash pooling

By Samuel Fernandes de Almeida On this matter, it seems peaceful that we will be facing credit granting operations, this time in the form of a current account in which the term is not determinable. The tax treatment under the Stamp Tax (IS) of so-called centralized treasury management operations – cash pooling – has been […]

Foreign Exchange Policy: Angola

By Filipa Fonseca Santos, Joana Pacheco The Angolan Central Bank (Banco Nacional de Angola – “BNA”) recently approved Notice no. 01/2020, with a view to simplifying the administrative procedures for licensing the import of goods, and Notice no. 02/2020 with a view to making exempt from authorisation certain current invisible transactions, ordered by legal persons. […]

Social Housing monthly law update – January 2020

By David Isaacson TLT’s monthly law update on all things affecting social housing To help you keep up with the law and comply with registered provider standards, this monthly law update covers the current legal issues affecting the social housing sector. It includes the main legislative and case law developments and statutory guidance issued for […]

SMEs and commercial lenders: Would further regulation help or hinder?

By Peter Richards-Gaskin When individual consumers need to take action against financial services firms, they’re able to do so via the Financial Ombudsman Service (the FOS). It’s also comforting for them to know that the mortgage on their home is regulated by the Financial Conduct Authority (the FCA). But what about when SMEs are faced […]

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Cause for concern

Imagine struggling away at your job and ending the year without making any money out of it. Not so hard to imagine for a vast number of practitioners, who will find the newly-released figures on earnings and profitability in the solicitors’ profession a depressing confirmation of what they already know to be true. According to […]

Man of action

The Lord Chancellor is used to seeing his name in the press. Recently, with all the right wing indignation over his divorce reforms, he has seen it coupled with talk of back-tracking and revolt. But it was a story in the Daily Telegraph last week which finally shook him out of his reserve to put […]

Mackay not amused by Telegraph speech story

LORD Mackay’s problems from within his own political party seemed to return last week, when he took an unprecedented step over another unprecedented step later revealed to have never occurred at all. The Daily Telegraph’s front page splash last Thursday asserted: “Lord Mackay, the Lord Chancellor, is to take the unprecedented step of reminding judges […]

Dechert signings

The Washington DC office of Dechert Price & Rhoads has signed five lawyers from defunct New York firm Mudge Rose Guthrie Alexander & Ferdon. Senior litigation lawyer Leonard Garment, former managing partner of the Mudge Rose DC office I Lewis Libby, Ralph Oman, Joseph Aronica and Edith Albert have moved. Their signings have expanded Decherts’ […]

Change of direction

By 1 November, the Law Society requires firms involved in discrete investment business to have a “qualified person” to conduct or directly supervise this business. To date, the number of firms signifying their intention to do so is low and the society describes the response as “disappointing”. The deadline has focused attention on whether financial […]

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